T-Mobile USA Raises Price of iPhone 5 to $149

T-Mobile today confirmed a report that originally appeared in TMoNews.com suggesting that the company had raised the price of the Apple iPhone 5. During the first month of availability, T-Mobile sold the iPhone 5 for a down payment of just $99, followed by 24 monthly payments of $20 each. Apparently, this was a promotional rate."As America's Un-carrier, T-Mobile is committed to introducing the hottest new smartphones at unbeatable promotional prices--but we all know promotions are temporary," the company said in a statement to FierceWireless. "The great news here is that well-qualified customers, on approved credit, can still buy (16GB) iPhone 5 from T-Mobile for $149.99 down starting Monday, May 13." Now that the iPhone has been available for more than 30 days, T-Mobile is charging a higher down payment price, though the monthly payments remain unchanged.